Jul. 29 at 4:42 PM
$ARAI has generated no revenue whatsoever—zero. Instead of growth, its financials reveal a
$5.6 million net loss, with an earnings-per-share of –
$0.19. we aren’t backing performance—we 're buying hype.
The valuation metrics are wildly inflated. A price-to-book ratio above 57x is simply excessive, even for speculative tech plays. Its market capitalization—around
$345 million—is completely divorced from reality, given the absence of income or commercial traction.
Hopefully everyone had some fun and was able to make a bit of money with this one✌️